Predictions on Base Rate in 2 years

[Pferdestarke]

If I take a Tracker over a fixed at the moment I will save £196 / month. I would be tied in for two years.

Do you think the rates will be back up to daft levels again inside 2 years or would you take the risk?

I could bail out of it now and fix for 2, 3, or even 5 years.

Not sure how to proceed.

[Pferdestarke]

215cu said:

In two years?

Hmmm... well it doesn't take a genius to work out in which direction they are going.

I think though, UK debt will have to be priced to be far more attractive and as the quantitative easing starts to leech from assets into the cash economy.

In 2 years - I'd say 7%

Personally, I'd opt for a reasonable fixed rate, anything around 3.79% over 5 years will be a very good deal.

Yes that would be great if you have an LTV of 50% but I'm only 28 and therefore have only 15% equity. More like 6.5% for me if I fix. Banks should be robbed more often as they rob us on a daily basis.